(not satire – it’s the UK today!)
According to a new report, personal debt in the UK is now £1.4 trillion – most of it owed by poorer people to banks.
But according to the National Audit Office, taxpayers have paid out £1.6 trillion to the banks in bailouts.
Which means even if the banks wrote off all personal debts, they’d still owe us around £200 billion.
Now remind me. Who exactly is paying for all those massive bankers’ bonuses again?
.
Related articles by Tom Pride:
Scientists Claim Tiny Sub-Atomic Traces of Ethics Discovered in Barclays
Lest we forget – in 2007 Cameron endorsed even less regulation of banks than Labour ……
Bank of England Warns Banks To Build Up Reserves Of Hyperbole As Eurozone Crisis Deepens
Drug addict ‘seeking help’ after admitting being a banker
Why are Merrill Lynch bankers not being prosecuted for working their young intern to death?
Independent Commission – excessive banking can cause blindness
MP urges easing of banker smacking laws
Money for child victims of medical negligence to go to Goldman Sachs executives instead
Government Agrees To Sell Off Entire Loss-Making Britain
Severe conditions alert for UK as cold front of austerity paralyses the country
The (Real) Definition Of Standard & Poor’s Credit Ratings…..
.
Please feel free to comment – you don’t need to register and I’m extremely minimal with the moderating.
.
If you click on any of the buttons below, you can share this article with other people. Thanks:
This report is ‘produced’ by Iain Duncan Shit’s crowd at Centre for Social Justice. Bloke their called Christian Guy. Enough said
LikeLike
Reblogged this on Beastrabban’s Weblog.
LikeLike
I’ve been saying this for a while whilst campaigning for UKIP. The PTB, be it Labour or the Coalition in g’ment; a conscious decision was made to put the Banks and Bankers before the people.
Look at it from another angle, as the banks collapsed, the g’ment could have chosen to eradicate everyone’s debt, imagine that for a moment but instead choose to bail out the very people who created this problem, made them rich out of and indebted the public.
Who are they really representing?
LikeLike
Pingback: Personal debt to banks: £1.4tn. Taxpayer...
Is it the poor that owes all of the debt, that’s debatable too?
LikeLike
Reblogged this on HUMAN RIGHTS & THE SIEGE OF BRITAIN POLITICAL JOURNAL.
LikeLike